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Stocks rally and oil dips after report says Iran is looking to de-escalate its conflict with Israel

U.S. stocks rose Monday despite escalating attacks between Israel and Iran. The Dow, S&P 500, and Nasdaq all ended higher after falling Friday. The price of crude oil also fell almost 2% after a report claimed Iran is looking to negotiate with Israel to end the conflict. Despite several confrontations between Israel and Iran over … Read more

Trump says his relationship with Musk is over, slamming the door on the once-staunch ally who tried to de-escalate their feud

The feud between Donald Trump and Elon Musk appears to have caused irreparable damage as the president told NBC News that he has no desire to repair their relationship and assumes it is over. The comments came after Musk appeared to make attempts at de-escalating a feud that exploded in public on Thursday over Trump’s … Read more

Treasury Secretary Bessent says it’s up to China to de-escalate trade tensions

Treasury Secretary Scott Bessent on Monday put the responsibility for reaching a trade agreement on China. “I believe that it’s up to China to de-escalate, because they sell five times more to us than we sell to them, and so these 120%, 145% tariffs are unsustainable,” Bessent said during an interview on CNBC’s “Squawk Box.” … Read more

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